Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter http://twitter.com/#!/lucksr

Friday, July 1, 2011

S&P500 1st July 2011



 Daily Analysis




Fourth continuous bullish candle on above average volumes breaking out of the downtrendline from 1370 highs.The OBV has now moved above it's high corresponding with S&P500's 1298.  Scaling 1345 by today will confirm that the correction is over.

Support at 1318-1305. Resistance at 1328-1345.



follow me on twitter http://twitter.com/#!/lucksr

Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com

No comments: